IOTA (IOTAUSDT) price declined in its latest intraday trading, as the price attempts to gather positive momentum that may support a new rise. It is also influenced by a short-term bullish technical formation, the falling wedge pattern, supported by continued trading above its 50-day SMA. In addition, positive signals are flowing from the Stochastic indicators after the price successfully unwound its overbought levels, giving it more room to achieve further gains.

Therefore, we expect the currency to rise in its upcoming intraday trading, as long as it remains stable above 0.1880, to then target the resistance level of 0.2047.

Today’s price forecast: Bullish.

Verizon Communications (VZ) stock declined in its latest intraday trading, as it attempts to gather positive momentum that may support recovery and a renewed rise. With this decline, the stock found support at its previous 50-day SMA, while the main bullish trend remains in control, with trading moving along an upward slope line that supports this path. In addition, a positive divergence has started to form in the Stochastic indicators after reaching strongly oversold levels, exaggerated relative to the stock’s movement, with positive signals beginning to appear.

Therefore, we expect the stock to rise in its upcoming trading, provided the support level of 42.88 holds, to then target the key resistance level of 45.75.

Today’s price forecast: Bullish.

Mattel (MAT) stock declined in its latest intraday trading, after hitting resistance at its previous 50-day SMA, which exposed it to negative pressure. This pressure was further reinforced by the stock’s movement along a short-term downward trend line, while the Stochastic indicators reached strongly overbought levels, reducing the chances of a near-term recovery.

Therefore, we expect the stock to decline in its upcoming trading, as long as the resistance level of 19.00 holds, to then target its first support level at 17.75.

Today’s price forecast: Bearish.

International Seaways, Inc. (INSW) stock continued to rise in its latest intraday trading, advancing to test the important resistance level of 47.95. The stock is supported by trading along a short-term corrective upward trend line, while positive pressure also persists from trading above its previous 50-day SMA. On the other hand, a negative crossover has started to appear in the Stochastic indicators after reaching strongly overbought levels, which may limit the stock’s upcoming gains if it fails to break the mentioned resistance.

Therefore, we expect the stock to rise in its upcoming trading, especially if it breaks the resistance of 47.95, to then target its next resistance at 54.85.

Today’s price forecast: Bullish.